Archive for the ‘Renting’ Category

What you can do to Secure the Best Tenant

Attracting good tenants seems to be a daunting process, however it is not as complicated as you may think as long as a number of steps are followed.

Firstly, remember that a positive first impression is the difference between securing a good tenant or the property remaining vacant.

Spending a little time before marketing your property to ensure that it is tidy and well presented, puts you well on the path to … Read more »

Maintaining Tenant Loyalty Equals Consistent Investment Returns

Maintaining tenant loyalty means more than the old saying that a happy tenant is a good tenant. Property investment is all about achieving consistent investment returns through a fully tenanted property in which the property is well maintained and the is rent paid promptly at all times.

For tenants to deliver tenant loyalty to the property investor, the investor is to provide a property that is affordable and well-positioned and that is … Read more »

Insurance and Moving House

You don’t want to find out your household possessions aren’t insured while they are on the road to their new destination. If something happens – that’s it, some or all of your possessions could be gone!

Many people forego the cost of insurance in their move, but the reality is that even the best and most experienced removalist companies acknowledge that there is a risk in moving furniture around in trucks … Read more »

Risk Minimise Your Property With an Effective Landlord Insurance Policy

To have further peace of mind in the management of your investment property, we recommend that you have a landlord protection insurance policy in place to cover loss of rent in default circumstances, malicious damage, accidental damage and legal liability.

It is advisable for all prudent property investors to have landlord protection insurance as added protection for their investment. Such policies are available from a variety of insurance companies.

When considering such … Read more »

Where do I find good real estate investment advice?

We are often asked by our investor clients about the information that is provided by the myriad of real estate TV programs and magazine articles.
Firstly, it’s timely that property investment is getting the media attention it deserves, however, the information provided must not be taken as gospel. As with any investment, the investor must gather as much information as possible, do their own homework and more importantly, seek the advice … Read more »

Emergency or Urgent Repairs

Urgent repairs are a hot topic as the definition often means one thing to a tenant and another to a property investor.

The definition of urgent or emergency repairs is set out in legislation which mandates what constitutes an emergency repair and who is responsible for arranging and paying for the repair.

Emergency repairs can be broadly defined as a repair that affects a tenant’s standard of living or safety such as … Read more »

Why not manage your investment property yourself?

This is a great question and when it comes to self-management the main motivation in a lot of cases is that a person has the time, wants to manage the details themselves and/or they want to save on agent fees.

However are you really saving anything?

When it comes to self-management these are all the things you must consider:
–   Could you bring yourself to evict a person or a family?
–   Would you … Read more »

‘Superfluous’ tenancy laws may be removed

Landlord and tenancy laws from as far back as 1899 may be removed as part of a review by the NSW government.NSW Fair Trading is seeking industry comment regarding the proposed removal of two pieces of legislation, the Landlord and Tenant Act 1948 and Landlord and Tenant Act 1899, which the … Read more »